Building off yesterday’s gains, major U.S. indices are on track to reach new records following Fed Chairman Jerome Powell’s second day of testimony in D.C., today appearing in front of the Senate Banking Committee. Yesterday, the Nasdaq was able to reach record territory by gaining over 60 points while today the S&P and Dow are […]

Markets are on the move up today following dovish comments by Fed Chairman Jerome Powell to Congress as part of a two-day testimony. Delivering the semiannual Monetary Policy Report Powell, this will be Powell’s first appearance since last month’s FOMC, which held rates at 2.25% to 2.50%, for which speculation has grown, indicating rate cut […]

Major U.S. indices retreated in early morning trading following last week’s impressive gains. The latest June employment reports produced impressive numbers and lowered investor-confidence for interest-rate cuts. Look for Fed Chair Jerome Powell to speak later this week as well as last month’s FOMC minutes to be released Wednesday, providing some guidance on future Fed […]

RoboStreet – July 4, 2019 Believe It Or Not – Bitcoin Is Back These are crazy times for stock market investors. The major averages are within a whisker of new all-time highs while global bond yields are plunging to new historic lows amid a flood of economic data pointing to a broad-based slowdown in growth […]

Markets remain on the move up this week with the S&P recorded its third straight day at an all-time high level and its fifth straight day in the green. All the three major indices are on track and closed in positive territory while the Dow set its first record day since last year. Today’s trading […]

Markets are on the rise today following positive reports from the G20 summit where U.S.-China met to discuss trade. The S&P hit an intraday record behind the news both sides agreed to avoid escalating tariffs while a trade agreement is worked upon. Both the Dow and S&P were able to show record numbers June and […]

RoboStreet – June 27, 2019  Cannabis Sector Sorting Winners From Losers Within every new industry, where the makings of a fundamentally bullish secular trend are being shaped, there will be some bumps, hiccups, and potholes along the way, that call into question the integrity of the long-term investment theme. Such is currently the case for […]

Markets remain in the green today following a great start to the week that was backed by a positive outlook on China-U.S. relations and corporate earnings. With the G20 summit ahead, where President Trump and Chinese leader Xi will meet, proposed additional tariffs were put on hold. Both sides are looking to resume trade talks […]

Major U.S. indices are up today behind positive earnings and global trade news. Micron stock is riding nice gains following their positive earnings beat which topped expectations for the quarter. Treasury Secretary Steven Mnuchin expressed positive progress in his latest statement regarding China-U.S. trade discussion, stating a U.S.-China trade deal was “about 90%” done before […]

Markets are extending last week’s significant gains with a focus on this week’s meeting between U.S. President Trump and Chinese President Xi, as well as monitoring escalating tensions in Iran. The Group of 20 summit kicks off this weekend in Osaka, Japan, where recent global trade tensions will likely be discussed. Oil prices continue to […]